Search
Commercial Buildings on Central Avenue
For Sale
Contact for pricing

1702 Central Ave, Albany, NY 12205

Two commercial buildings with large parking lot on 0.74 acres.

Property Size9,019 SF
Lot Size0.74 Acres
Price / SF$127.51
Days on Market200

Property Features for 1702 Central Ave

General Information

Standard status Active
Size 9,019 SF
Total Parking Spaces 40
Lot size 0.74 Acres
Property subtype Retail
Zoning Commercial A

Building Details

Year Built 1980
Buildings 2
Stories 1
Tenancy Multi
Listing Agency: CBRE - Albany
Listed By: Craig Darby · License #NY 10401201614
Source: Crexi
Added: Jan 28 Changed: Aug 8 Last Checked: Aug 14 at 8:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Albany

Investment Insights

Based on property information with market context.

Two commercial buildings are available for sale. The buildings are situated on a site totaling approximately 0.74 acres. The property includes a large parking lot. The location is on heavily traveled Route 5, also known as Central Avenue, in the Village of Colonie, New York.

Key Highlights

  • Two commercial buildings available.
  • Located on heavily travelled Route 5 (Central Avenue).
  • Large parking lot.

Property Analytics

Current Use

Hockey Store N ... Sports Field & Court American Shooter Supply ... Gun Shop

Suggested Use

Top Pick Cafe & Coffee Shop Furniture & Home Goods Garden Center Grocery & Convenience Store Parking Lot & Garage Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

710
Businesses Nearby
113k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 44% Dining 36% Home Improvements & Furnishings 10% Hotels & Casinos 8%
Cumberland Farms Shops & Services
23,604 visits/mo 0.4 miles
Wendy's Dining
12,578 visits/mo 0.5 miles
Dunkin' Donuts Dining
11,903 visits/mo 0.4 miles
Hoffman Car Wash Shops & Services
11,435 visits/mo 0.2 miles
Harbor Freight Tools Home Improvements & Furnishings
11,385 visits/mo 0.5 miles

Demographics for 12205, NY

27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value

Market

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail property - Two commercial buildings with large parking lot on 0.74 acres.
Where is this retail property located?
The property is located at 1702 Central Ave Albany, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two commercial buildings available.; Located on heavily travelled Route 5 (Central Avenue).; Large parking lot.
(518) 452-2700 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message